Hydroxyethyl Acrylate Market Analysis Reveals Key Growth Drivers, Regional Outlook, and Industry Innovations to 2030

2-Hydroxyethyl Acrylate (2-HEA) - Market Size

The global market for 2-Hydroxyethyl Acrylate (2-HEA) was estimated to be worth US$ 102 million in 2023 and is forecast to a readjusted size of US$ 128.3 million by 2030 with a CAGR of 3.4% during the forecast period 2024-2030.

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The downstream industries of hydroxyethyl acrylate have a wide range of applications, including fiber processing, coating industry, binder, paper processing, rubber industry and other industries. Hydroxy ethyl acrylate copolymer products can be used to treat fibers, which can greatly improve the water resistance, solvent resistance, wrinkle resistance and water resistance of fibers, etc.; used in the manufacture of thermosetting coatings with excellent performance, synthetic rubber, used as lubricant additives, etc.; used for Adhesives, can improve its adhesive strength; used in paper processing, can improve the water resistance and strength of paper. After the epidemic era, the downstream chemical fiber, synthetic rubber, coatings, adhesives, paper and other industries upward boom, bringing the demand for hydroxyethyl acrylate rise. China's synthetic rubber production has long jumped to the world's first. With the continuous growth of China's automobile ownership, tire replacement demand will continue to expand; at the same time, with the arrival of Industry 4.0, the demand for synthetic rubber-related downstream industries in the civil and industrial sectors is growing steadily, which will lead to the development of hydroxyethyl acrylate market demand.

By Type
• Purity 97%
• Purity 98%
• Purity 99%

By Application
• Coating
• Adhesive

Key Companies
Osaka Organic Chemical, Dow, Jamorin, Ataman Kimya, Kowa Chemicals, BASF, FandaChem, PuYang Hongye Hi-tech, Opes International

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This release was published on openPR.